Peter H. Stratton Jr. - 01 Apr 2025 Form 4 Insider Report for DESTINATION XL GROUP, INC. (DXLG)

Role: EVP, CFO, Treasurer
Signature: Peter H. Stratton, Jr.
Issuer symbol: DXLG
Transactions as of: 01 Apr 2025
Net transactions value: $0
Form type: 4
Filing time: 03 Apr 2025, 17:35:13 UTC
Previous filing: 03 May 2024
Next filing: 03 Sep 2025
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	DXLG	Common Stock, $0.01 par value	Options Exercise		+4,561	+1.9%		241,724	01 Apr 2025	Direct	F1
transaction	DXLG	Common Stock, $0.01 par value	Options Exercise		+5,215	+2.2%		246,939	01 Apr 2025	Direct	F1
transaction	DXLG	Common Stock, $0.01 par value	Options Exercise		+6,449	+2.6%		253,388	01 Apr 2025	Direct	F1

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Underlying Class	Amount	Exercise Price	Ownership	Footnotes
transaction	DXLG	Restricted Stock Units	Options Exercise	$0	-4,561	-50%	$0.000000	4,560	01 Apr 2025	Common Stock	4,561		Direct	F1, F2
transaction	DXLG	Restricted Stock Units	Options Exercise	$0	-5,215	-33%	$0.000000	10,429	01 Apr 2025	Common Stock	5,215		Direct	F1, F3
transaction	DXLG	Restricted Stock Units	Options Exercise	$0	-6,449	-25%	$0.000000	19,346	01 Apr 2025	Common Stock	6,449		Direct	F1, F4
transaction	DXLG	Restricted Stock Units	Award	$0	+62,722		$0.000000	62,722	01 Apr 2025	Common Stock	62,722	$0.000000	Direct	F1, F5
transaction	DXLG	Restricted Stock Units	Award	$0	+62,881		$0.000000	62,881	01 Apr 2025	Common Stock	62,881	$0.000000	Direct	F1, F6

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Restricted Stock Units ("RSUs") convert into common stock on a one-for-one basis.
F2	Represents RSUs for time-based compensation granted to the Reporting Person on April 9, 2022 under the 2022-2024 Long-Term Incentive Plan. The remaining RSUs vest and become exercisable on April 1, 2026.
F3	Represents RSUs for time-based compensation granted to the Reporting Person on May 1, 2023 under the 2023-2025 Long-Term Incentive Plan. The remaining RSUs vest and become exercisable on April 1, 2026 and April 1, 2027.
F4	Represents RSUs for time-based compensation granted to the Reporting Person on April 1, 2024 under the 2024-2026 Long-Term Incentive Plan. The remaining RSUs vest and become exercisable on April 1, 2026, April 1, 2027 and April 1, 2028.
F5	Represents RSUs for performance-based compensation to the Reporting Person on April 1, 2025 based on the Company's performance over the applicable performance period under the 2022-2024 Long-Term Incentive Plan. The RSUs vest and become exercisable on August 31, 2025.
F6	Represents RSUs for time-based compensation granted to the Reporting Person on April 1, 2025 under the 2025-2027 Long-Term Incentive Plan. The RSUs vest and become exercisable in four equal installments on April 1, 2026, April 1, 2027, April 1, 2028 and April 1, 2029.